Port of Tacoma

MHX Opens Operations in Portland and Tacoma, Expanding Operations to Help Customers Grow

Retrieved on: 
Tuesday, September 12, 2023

With the additions of these two sites MHX operations expand beyond California and into the Pacific Northwest, providing growth opportunities for the region's customers.

Key Points: 
  • With the additions of these two sites MHX operations expand beyond California and into the Pacific Northwest, providing growth opportunities for the region's customers.
  • The Portland transload site is a 17-acre yard with outdoor and indoor/covered storage, currently supporting Lumber reloads.
  • "These sites have amazing customers, team members, and facility design that we know we will be able to optimize and grow with our customers."
  • MHX will leverage operational expertise, advanced data systems, and best-in-class inventory practices to ensure customer service and drive carload growth through these sites.

Harbor Custom Development, Inc. Enters LOI to Purchase Land for Luxury Urban Tacoma Apartment Site for $5.75 Million

Retrieved on: 
Wednesday, November 16, 2022

We are excited to expand our multi-family portfolio into the downtown Tacoma market.

Key Points: 
  • We are excited to expand our multi-family portfolio into the downtown Tacoma market.
  • The project will be our first pedestal-style apartment in an urban setting.
  • In our opinion, it is a class A location that when completed, will garner top-of-the-market rents, stated Sterling Griffin, President and CEO of Harbor Custom Development, Inc.
  • Located on Broadway in downtown Tacoma the proposed luxury multi-family project will provide expansive views of the Puget Sound and the Port of Tacoma.

Correction: Genesis Electronics Group Announces Jack Hedge as Strategic Advisor to the Board

Retrieved on: 
Tuesday, November 1, 2022

The corrected release follows:

Key Points: 
  • The corrected release follows:
    Salt Lake City, UT November 1, 2022 Genesis Electronics Group, Inc. (GEGI), today announced that It has formally added Jack Hedge as a Strategic Advisor to the Board of the Company.
  • To further the business objectives of Gld, Genesis Electronics Group is excited to bring Jack Hedge to the Company as a Strategic Advisor.
  • Hedge commented, Im excited to join Genesis Electronics Group as an Advisor to the Board.
  • We are beyond excited to bring Jack on board as an advisor to the Company said GEGI CEO, Braden Jones.

Genesis Electronics Group Announces Jack Hedge as Strategic Advisor to the Board

Retrieved on: 
Tuesday, November 1, 2022

Salt Lake City, UT, Nov. 01, 2022 (GLOBE NEWSWIRE) -- Genesis Electronics Group, Inc. (GEGI), today announced that It has formally added Jack Hedge as a Strategic Advisor to the Board of the Company.

Key Points: 
  • Salt Lake City, UT, Nov. 01, 2022 (GLOBE NEWSWIRE) -- Genesis Electronics Group, Inc. (GEGI), today announced that It has formally added Jack Hedge as a Strategic Advisor to the Board of the Company.
  • To further the business objectives of Gld, Genesis Electronics Group is excited to bring Jack Hedge to the Company as a Strategic Advisor.
  • Hedge commented, Im excited to join to Genesis Electronics Group as an Advisor to the Board.
  • We are beyond excited to bring Jack on board as an advisor to the Company said GEGI CEO, Braden Jones.

Dalfen Industrial Expands Seattle Industrial Portfolio

Retrieved on: 
Thursday, August 4, 2022

DALLAS, Aug. 4, 2022 /PRNewswire/ -- Dalfen Industrial acquired a 137,266 square foot industrial property in Tukwila, WA, a suburb of Seattle.

Key Points: 
  • DALLAS, Aug. 4, 2022 /PRNewswire/ -- Dalfen Industrial acquired a 137,266 square foot industrial property in Tukwila, WA, a suburb of Seattle.
  • "With population growth 56% higher than average for the top 100 MSAs, Dalfen plans to continue its expansion in the Seattle market."
  • Dalfen Industrial LLC, headquartered in Dallas, is one of the largest buyers of industrial real estate in the United States and is a leader in the last-mile property sector.
  • Dalfen currently owns and operates millions of square feet of premier industrial properties throughout the United States.

BNSF Opens Tacoma Domestic Intermodal Facility in Collaboration with NWSA to Meet Increased Demand in the Pacific Northwest

Retrieved on: 
Wednesday, July 27, 2022

BNSF Railway Company (BNSF) has partnered with the Northwest Seaport Alliance (NWSA) to develop a new rail hub at the Port of Tacoma to meet increased intermodal demand in the greater Seattle region and unlock capacity.

Key Points: 
  • BNSF Railway Company (BNSF) has partnered with the Northwest Seaport Alliance (NWSA) to develop a new rail hub at the Port of Tacoma to meet increased intermodal demand in the greater Seattle region and unlock capacity.
  • View the full release here: https://www.businesswire.com/news/home/20220727005253/en/
    The new domestic intermodal facility will accommodate more than 50,000 annual container lifts.
  • The Tacoma South facility will complement BNSFs current domestic intermodal facility in Tukwila, serving NWSAs Seattle Harbor.
  • Growing the NWSAs domestic intermodal volumes has long been a goal for the Seattle and Tacoma gateway, stated Don Meyer, NWSA Co-Chair and Port of Tacoma Commissioner President.

Forward Air Acquires Edgmon Trucking to Grow West Coast Intermodal Drayage Operations

Retrieved on: 
Monday, May 9, 2022

As part of the inorganic growth strategy, Forward today announced that it has entered into an agreement to acquire the assets of Edgmon Trucking, LLC (Edgmon Trucking), a privately held intermodal drayage provider that generates approximately $22 million in annual revenue.

Key Points: 
  • As part of the inorganic growth strategy, Forward today announced that it has entered into an agreement to acquire the assets of Edgmon Trucking, LLC (Edgmon Trucking), a privately held intermodal drayage provider that generates approximately $22 million in annual revenue.
  • Edgmon Trucking services its business with approximately 70 trucks, predominantly operated by independent contractors, and a staff of 21 employees.
  • The acquisition of Edgmon Trucking marks the first West Coast location for Forwards intermodal business a key expansion area in the Companys strategic growth plan.
  • Tom Schmitt, President, Chairman and CEO stated, Bringing in Edgmon Trucking marks our commitment to meeting customer demand by increasing our intermodal drayage capabilities within the region.

OCOchem and Global Partners Awarded Washington State Clean Energy Fund Research Development & Demonstration Grant to Create Green Energy Power Generator for Refrigerated Cargo Containers at the Port of Tacoma

Retrieved on: 
Tuesday, April 5, 2022

TACOMA, Wash., April 5, 2022 /PRNewswire/ --The Washington State Department of Commerce has awarded clean energy company OCOchem $1.5 million to develop green portable energy generators and fuels for refrigerated cargo containers at the Port of Tacoma.

Key Points: 
  • TACOMA, Wash., April 5, 2022 /PRNewswire/ --The Washington State Department of Commerce has awarded clean energy company OCOchem $1.5 million to develop green portable energy generators and fuels for refrigerated cargo containers at the Port of Tacoma.
  • The Washington Clean Energy Fund grant adds to the $2.5 million investment OCOchem and its partners have committed to invest on this ground-breaking project.
  • Since 2013, the Clean Energy Fund has invested in research, development, and demonstration of technologies that are helping Washington state lead the transition to a clean energy future.
  • "We believe Washington state and Tacoma are the best place to manufacture safe green electro-fuels for local and export use, creating high-wage manufacturing jobs."

Husky Terminal Accelerates Technological Advancement with Move to N4 SaaS

Retrieved on: 
Monday, October 25, 2021

Husky Terminal is an operator of a marine freight terminal located in the Port of Tacoma, Washington, supporting nearly $3 billion in economic activity in the local region.

Key Points: 
  • Husky Terminal is an operator of a marine freight terminal located in the Port of Tacoma, Washington, supporting nearly $3 billion in economic activity in the local region.
  • Husky Terminal signed a subscription agreement to implement N4 SaaS Navis cloud-based N4 TOS, which allowed the terminal to continue its ongoing modernization efforts without having to deploy and maintain new infrastructure and commit additional IT resources.
  • Husky Terminal recently completed work on a new gate complex and truck-staging area to speed up the entry process for trucks, while freeing up valuable real estate at the waterfront terminal for more redevelopment.
  • We are very excited about the move to N4 SaaS from an operational efficiency standpoint but also from a customer standpoint, said Dustin Stoker, President of Husky Terminal and Stevedoring, LLC.

Used Car Values Show Signs of Cooling Down After a Period of Record Highs, According to Edmunds

Retrieved on: 
Wednesday, September 15, 2021

SANTA MONICA, Calif., Sept. 15, 2021 /PRNewswire/ --Used vehicle prices and trade-in values are finally trending downward after rising all year and skyrocketing this summer, according to the car shopping experts at Edmunds.

Key Points: 
  • SANTA MONICA, Calif., Sept. 15, 2021 /PRNewswire/ --Used vehicle prices and trade-in values are finally trending downward after rising all year and skyrocketing this summer, according to the car shopping experts at Edmunds.
  • The average transaction price for all used vehicles also decreased, dipping to $26,308 in August compared to $27,245 in July, a drop of 3.4%.
  • The supply chain is so fragile at this point that it's possible that we could see used vehicle prices and trade-in values creep up again."
  • The average trade-in value for used Toyota 4Runners in August dropped to $33,801, a $1,130 decrease from June's high of $34,931.